
EPA finalized RFS volume obligations of 26.81 billion RINs for 2026 and 27.02 billion for 2027, which USDA Secretary Rollins said would raise net farm income by $3-4 billion. EPA estimates biodiesel and renewable diesel output must rise over 60% from 2025 levels to meet the targets.
Biodiesel and renewable diesel must expand sharply, pulling more soybean oil and other fats into biofuel use, which tightens soyoil supply and supports soybean crush demand.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.